The 50-SMA at 40.60 has turned up and now trails price by roughly 7%, confirming shorter-term trend repair, while the 200-SMA at 43.46 is being contested in real time. RSI(14) at 57.38 is constructive but not overbought, leaving room for continuation if momentum broadens. MACD at 1.07 above its 0.57 signal line corroborates the positive momentum shift, though the thin cushion over the 200-SMA means a close back below 43.46 would quickly neutralize this read.
Monday Playbook — Top 5 Setups
The day's five highest-conviction setups, ranked by technical inflection, profit-probability, and trade quality — 4 long, 0 short. Trade your plan and manage risk first. Also screened: $PFE, $HIMS, $BAC, $LLY, $IWM, $GOOGL.
5 of 5 plays
IONQ at 43.77 is pressing against its 200-SMA (43.46) from above after reclaiming it, sitting just 0.71% through this long-term pivot — a classic inflection where price must prove the breakout holds or risk a failed retake.
EntryPreferred entry on a hold/reclaim of the 43.46 200-SMA, with adds on strength through 44.00–44.25; alternative pullback entry into the 42.00–42.50 zone where prior resistance should flip to support.
Targets47.50 — initial measured extension above the 200-SMA pivot → 51.00 — secondary target on momentum continuation
StopInvalidation on a decisive close below 40.60 (50-SMA), which would break the rising short-term structure and signal the 200-SMA retake has failed.
Educational only. Not financial advice.